Mercedes Benz To Hike Prices Amid Exchange Rate Change Fluctuation

Mercedes-Benz India will increase prices of its models by 1% to 1.5% in September, its third for the year, amid exchange rate fluctuations, said its Managing Director and CEO Santosh Iyer. The German luxury maker also reiterated its earlier forecast of flat to single digit growth in India for 2025, amid exchange rates and geopolitical concerns.